Ohio Capital Finance Corporation

Ohio Capital Finance Corporation is a nonprofit community development financial institution (CDFI) based in Columbus, Ohio, registered in the System for Award Management (SAM) since 2006. As a tax-exempt corporate entity, the organization focuses on providing financial services and support to low-income and underserved communities across the United States. The organization's primary mission involves delivering targeted financial assistance, affordable housing solutions, and economic development initiatives to populations with limited access to traditional financial resources.

Through multiple federal grant awards from the U.S. Department of the Treasury's Community Development Financial Institutions Fund, Ohio Capital Finance Corporation has consistently secured funding to expand financial services and community development efforts. The organization has received significant grant awards, including a $8 million Capital Magnet Fund grant, an $800,000 CDFI Program grant, and a $3.53 million Equitable Recovery Program grant, all aimed at financing affordable housing, supporting economic development, and providing technical assistance in low-income communities. These grants enable the organization to offer lending, investment, and financial counseling services, with a particular focus on supporting extremely low-, very low-, and low-income families, minorities, and rural communities. The grants specifically support activities such as affordable housing development and preservation, community facility improvements, small business growth, and pandemic economic recovery efforts. By leveraging these federal funds, Ohio Capital Finance Corporation attracts additional private sector capital to drive community revitalization and enhance economic opportunities for disadvantaged populations nationwide.